Papua New Guinea vs Trinidad and Tobago: Taxes less subsidies on products

Papua New Guinea
1.38 billion current US$
in 2024
Trinidad and Tobago
1.38 billion current US$
in 2024
Papua New Guinea rank
121st
Trinidad and Tobago rank
120th

Taxes less subsidies on products over time

  • Papua New Guinea
  • Trinidad and Tobago
0500.0M1.0B1.5B196019922024

How they compare

Trinidad and Tobago currently reports 1.38 billion current US$ against 1.38 billion current US$ in Papua New Guinea, a difference of 2.54 million current US$.

The two have swapped places 11 times across 55 shared years of data; in 1960 it was Papua New Guinea ahead.

Papua New Guinea ranks 121st and Trinidad and Tobago ranks 120th of 199 countries.

Across the 7 decades both report, Papua New Guinea averaged higher in 4 and Trinidad and Tobago in 3.

Head to head by decade

Decade Papua New Guinea Trinidad and Tobago Difference Ahead
1960s 7.88 million current US$ 0 current US$ 7.88 million current US$ Papua New Guinea
1970s 103.17 million current US$ 0 current US$ 103.17 million current US$ Papua New Guinea
1980s 217.69 million current US$ 0 current US$ 217.69 million current US$ Papua New Guinea
1990s 216.15 million current US$ 244.72 million current US$ 28.56 million current US$ Trinidad and Tobago
2000s 239.64 million current US$ 579.97 million current US$ 340.33 million current US$ Trinidad and Tobago
2010s 858.80 million current US$ 958.81 million current US$ 100.01 million current US$ Trinidad and Tobago
2020s 1.24 billion current US$ 1.10 billion current US$ 142.39 million current US$ Papua New Guinea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes less subsidies on products, Papua New Guinea or Trinidad and Tobago?
Trinidad and Tobago, at 1.38 billion current US$ against 1.38 billion current US$ in Papua New Guinea as of 2024.
What is the difference in taxes less subsidies on products between Papua New Guinea and Trinidad and Tobago?
2.54 million current US$, with Trinidad and Tobago ahead.
How many years of comparable data are there for Papua New Guinea and Trinidad and Tobago?
55 years are reported by both, from 1960 to 2024.
How do Papua New Guinea and Trinidad and Tobago rank globally for taxes less subsidies on products?
Papua New Guinea ranks 121st and Trinidad and Tobago ranks 120th of 199 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Taxes less subsidies on products (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Papua New Guinea vs Trinidad and Tobago: Taxes less subsidies on products. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 17 September 2026, from https://economy.statizoid.com/compare/taxes-less-subsidies-on-products-current-us/papua-new-guinea/trinidad-and-tobago/

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About this data

Indicator
Taxes less subsidies on products (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
200 places, 8,453 data points, 1960–2025
Last refreshed

Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.